Jan. 15, 2008
A man who buys companies and strips them to sell for a better price is called an business opportunist or arbitrage. The funniest thing in American politics happened when Mitt Romney promised the Michigan republicans ‘we will bring those jobs back.’
Fact of the matter is Mitt Romney is part of the Bush driven establishment that thrives on outsourcing, H1B visas and illegal immigration. A man who buys companies, fires the employees and sells the companies for a profit has promised unrealistic ‘heavens’ to the Michigan auto workers. It is sad that Michigan republicans belived in George Bush. It is more sad they believed in Mitt Romeny who will say anything to win the primary election. The fact of the matter is unless America changes policies on outsourcing and exporting manufactur5ing jobs, nothing will change for Michigan.
What is bothersome is that rich Romney casually lied to people of Michigan knowing very well he can do nothing to revive the Auto industry because it is his and his type of people who has caused the problem. The job losses are the result of supply side economics of the Republican party that Romney embraces.
http://www.indiadaily.com/editorial/18911.asp